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Fashion Retailers Cancel Nearly $1.5 Billion in Orders from Bangladesh

COVID-19 recovery is on the horizon but the pandemic's impact on sustainability, retail, product development and consumer buying patterns means the denim industry must evolve. Join Rivet on April 20th at 11 am ET for the COVID, One Year Later roundtable.

Bangladesh’s ready-made garment sector is teetering on the brink of disaster. In the past week, factories have been facing a crush of daily order cancellations from brands and retailers that manufacture in Bangladesh, and as of Sunday, 490 factories have fielded cancellations affecting $1.44 billion worth of exports. “Factories are reporting and registering new cases…

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